UK authorities freeze London penthouse tied to Prince Group finance chief
Image: DecryptBritish authorities have frozen a London penthouse linked to Thet Li, the alleged finance chief of the Prince Group. The Prince Group is accused of operating large cyber fraud schemes in Cambodia. The United States has also moved to seize Bitcoin allegedly tied to the group's activities. Prince Group previously rejected allegations of unlawful activity.
Key points
- UK authorities froze a London penthouse linked to Thet Li, the alleged finance chief of the Prince Group.
- The Prince Group is accused of running cyber fraud schemes out of Cambodia.
- The United States has moved to seize Bitcoin allegedly tied to the Prince Group's activities.
Why it matters
International asset freezes and large-scale government seizures highlight ongoing global enforcement actions targeting funds and digital assets connected to alleged criminal networks.
What's unclear
The exact total value of the Bitcoin tied to the group differs slightly between reports at $14 billion and $15 billion.
Price context · BTC
At publication
$83,423.00
Now
$83,346.00
Change since
−0.09%
7 days · dashed line = publication
Sources · 2 publishers
Crypto Briefing
Tier 2
UK freezes $12M London penthouse of alleged Prince Group finance chief
Coverage timeline
- First reported by Decrypt
- Confirmed by Crypto Briefing
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
